About your Search

20121201
20121231
STATION
FBC 36
LANGUAGE
English 36
Search Results 0 to 35 of about 36 (some duplicates have been removed)
at apple as ceo. that money would come in handy in washington, wouldn't it? that is our top story. the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upp
news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with sete democratic leader harryeid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? so
of oil. we'll drill down on the answers. >>> plus, more talk and no walk in washington. shocker there. both side insist we need to stop spending. not that they're cutting a single penny from a single government program. fox news's bret baier with the real cost of spending. >>> we all love a good hamburger, right? but is that pesky wrapper keep getting in your way? one fast-food chain may have solved the problem for good. they're making the wrapper edible. you have to see this one to believe it, trust me. even when they say it's not it is always about money. melissa: first, let's take a look at the day's market headlines. fiscal cliff talks may be a mess but not ruining the party for investors. u.s. third quarter gdp was revised up to 3.1%. not bad. november existing home seams -- sales hit nice not seen. wall street shares of the nyse euronext skyrocketed 34%. the company is being acquired by rival intercontinental exchange for $3.2 billion in cash and stock. >>> research in motion may be crawling its way out of the abyss. the blackberry maker left for dead earlier this year. now shar
washington, d.c. or the fbi headquarters? >> they may have had facilities in the area with vecles destroyed it comes back to. gsa has a lot of vehicles. some will come out of agency's hides. you mentioned those. i point to there is $150 million for fisheries declared a disaster by the secretary of commerce. that is not what happened here in new england. you have the senators from alaska talking about how that money will go for the salmon fishery. that obviously has nothing to do with sandy. adam: that is so far away. will this become part of the fiscal cliff negotiations? could you have john boehner saying to the president we don't want to do this or boehner making the case we need this kind of spending? who stands where on that? i realize it will be going through the senate but where does this stand? >> i don't think house republicans will go for anything nearly this size. i'm hoping it is kept out of the fiscal cliff negotiations just because it is messy enough as it is. adding in this and all the other permutations that taxpayers will get a really bad deal. what is ironic. what is about
. investors spooked by bad housing data and all that nonsense in washington. w closing down almost 99 points. another rough day for gold. a rise in homebuilder confidence driving investors away for a two-session loss ofnearly 2%. right now gold is hovering around $1670 an ounce. oil futures for a fourth straight session of gains, crude oil for january delivery gained 1.8% to settle at $89.51 a barrel. >>> all right. we're going to start tonight with a special holiday treat. it's the week before christmas and all through the house, lawmakers are frantic and starting to grouse. not from the cliff, though they do say they care, but from more and more bailouts which could soon fill the air. gm has been saved, they are snug in their beds, but images of fema, fha and the post office now entering our heads. all right, enough holiday poems, can't take anymore. go straight to tonight's game. who gets bailout booty and who gets the coal in their stocking? joining me now to help santa make out his list, brian wesbury no i know enjoyed my little poem. first trust advisors. >> i love it. i can't compete.
to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so
by unfolding events in washington regarding the fiscal cliff. there was little optimism on wall street. stocks fell for their fifth straight session. the dow, the dow fell below the 13,000 mark closing down 158 points. fiscal cliff anxiety sent the so-called fear index, the vix, soaring more than 14%. it is now up close to 30% this month. >>> barnes & noble was one of the few market bright spots today. the london-based pierson learning company is investing $89.5 million in barnes & noble nook media unit. shares rally more than 5% on that news. but we've got to get back to the top headline of the day, nada, zip, zilch. president obama needing with congressional leaders at the white house ended a short time ago and the president is reportedly giving no new offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this
these talks in washington. and creative ways to hike taxes but no clear ways to cut spending. cut him out. resolution melissa: i'm melissa francis and here's what's "money" tonight. instagram outrage. the popular photo sharing site says they're going to sell your pictures without paying you or even telling you. use, are already jumping ship. we'll tell you how this affects you and your money. >>> plus will this be the first republican controlled house ever to raise taxes? business mogul steve forbes willoin me in a fox business exclusive to break it all down. >>> the dire warning for you and all of your savings today. hackers are planning to clean out your bank account. the former deputy director of the national security agency is here with all the details so yo can hang on your sh. even whethey say it's not, it is always about money. melissa: all right. first let's take a look at the day's market headlines. other day of gins on wa street. stocks soared for the second day in a row. the dow closed up 115 points and all that illusion that washington is getting its act together but progress
enterprise in the past but he is out now saying there is lot of mythology in washington. going on to say the vast majority of jobs in the united states are produced by capital investment and equipment and software, not small business. it is done by big business. and he is trying to make the point that there's a lot mythology in washington about rising taxes, eliminating jobs. that it is just not the case. i'm, catherine, do you believe he believes this? and do you think he is saying it to try and, you know, toe the party line and make everyone happy? >> well, i can't speak for him but i'm going to respectfully disagree. according to the u.s. department of labor, 65% of all net new jobs comes from small businesses. i don't know where he gets his facts ups store, competitor of fedex. they opened 100 new locations. each location hires three to five employees. that is 300 to 500 new jobs from small businesses. i don't know that fedex hired that many people this year. melissa: you know fred smith? what do you think about this comment? >> well, first of all i've known fred for i don't know, 30
leading the way. the giants were buoyed by reports that washington may be closer to a deal we'll get into just a moment. the dow closed the day up 100 points. >>> the empire state manufacturing index stayed negative for the fifth straight month the index which looks at manufacturing activity in the new york area fell to negative 8.1 in december from negative 5.2 in november november. >>> morgan stanley slapped with $5 million fine for the handling of the facebook ipo a massachusetts regulator says the bank had dishonest and unethical practices. morgan stanley shares are up slightly. >>> we start with the republican counteroffer in the fiscal cliff negotiations. john boehner talking about a flurry of anticipation now that he he is willing to raise taxes on people more than million dollars. a huge tep. not all republicans are happy with it. those hikes must be balanced by cutting entitlement programs. he spent more time with president obama today to try to hammer out a deal. we have a money power panel to sort this one out. roger altman, former deputy treasury secretary under presiden
of mythology in washington. going on the vast majority of jobs in the united states are produced by capital investment, business and software, not small business. it is done by big business. he is trying to make the point there's a lot of mythology in washington about rising taxes, eliminating jobs and it is just not the case. i don't, catheri, do you believe he believes this? and, or do you think he is saying it to try and toe the party line and make everybody happy? >> i can't speak for him and but i will respectfully disagree. according to the u.s. department of labor, 65% of all net new jobs come from small businesses. i don't know where he is getting his facts but i happy to know, let's talk about the ups stores, a competitor to fedex. they have opened over 100 new franchise locations this year. each one of those locations hires three to five employees. that is 300 to 500 new jobs from small businesses. melissa: yeah. >> i don't know that fedex has hired that many people this year. melissa: jim, i want to ask you because you know fred smith. what do you think about this comment? >> wel
that washington is getting its act together but progress on the fiscal cliff isn't driving everything higher. gold hit its lowest level in since late august that is confidence there. investors flee from the precious metal as a safe haven appeal fades. gold is hovering $1670 an ounce. >>> shares of blackberry maker research in motion slipping after being hit with a downgrade by toronto based national bank. rim shares closing down almost 1 1/2% today. >>> all right, you will not like this one of the popular photo sharing site instagram, now claims the right to sell user's photos without payment or notification. and get this. unless users delete their account before january 16th there is no way to opt out. instagram can sell your kids. they become an ad. so your image can be sold for a profit for instagram but not for you. the move already caused an outcry mopping users and here to break it all down is today's money power panel. attorney joey jackson. we have peter shenkman, marketing and social media expert and market guru, scott martin. wow, i couldn't believe this story when i heard it. joey, is t
and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is a boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am not personally directing it at you this is government thinking spend the money for a second to rate stuff. >> you mentioned of local alert. we have to and include training for emergency workers say you are right. 12 hours is not acceptable that was a failure but to still have dealer system i appreciate the fact i got the alert that said take cover. hn: thank you jamie barnett. my government projects may from dangerous chemicals. base steady if this dangerous to wash your hands with this so poor brush with this toothpaste. their conclusion? john: school is boring. those are students at a charter school. public-school is free of the rules and bureaucracy. some ha
'll have details. >>> so much pot, so few answers. legalized marijuana laws take effect in washington state and colorado. from driving high to trafficking weed over sttte borders the legal and financial nightmares are just beginning. but we're convening a pot power panel to help clear the smoke. even when they say it's not it is always about money. melissa: first let's look at the day's market headlines. some breaking news on aig just out a short time ago. the treasury announced it is selling all of its remaining 234 common shares in the insurance giant however treasury will continue to hold warrants to purchase aig common stock. investors refusing to give up hope on the fiscal cliff. the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to $480 a share. shares fell by more than half a percent on the news. >>> now on to our top story. tonight is taxes and how hard we are all about to get hit. there are already a trillion in tax increases baked r
sent to washington instead. melissa: it is not really in the spirit of making a deal when you come out and say, i will double the amount of tax increas that i said i was looking for, the amount of revenue. iwill double what that is. by the way i will add in spending. republicans you can just suck it. that is basically. people just, everyone just sort of flipped out. >> you're right. what kind of a proposal or compromise is this? new programs, $50 million on mortgages, billion dollars on mortgage assistance and infrastructure, make-work programs. melissa: yeah. >> this notion to eliminate the debt limit, melissa, essentially clearing the way for unlimited growth of government. i've got to tell you i think that is what the president believes. melissa: i do too. >> yeah. he always believed in my opinion that government spending creates wealth. so of course the more money the government can get the more wealth in thinks mind can be created certainly last four years have shown us not the case. melissa: maybe we're wrong? is there any chance that is true and this is the path to prosperity an
's is good. david: but not that good. lauren: number one thing is watch next week is washington, d.c. as we move closer and closer to the fiscal cliff everyone will be keeping an eye out on a big deal or could we see a big tax hike. only three weeks before we possibly go over. david: wonder if we trade the guns to avoid a deal for the fiscal cliff. lauren: you're onto something. david: maybe. i don't think they would go for that. "money" with melissa francis is coming next. melissa: i'm melissa francis. here is what is money tonight. a huge break through for u.s. natural gas. a key government study could open the door for exports and create a boom for the economy. the only thing standing in the way though is president obama. we'll drill down with a natural gas company's ceo. >>> plus fighting crazy with crazy. could two plat nurm coins worth a trillion dollars each solve our debt crisis? is it as nuts as it sounds? bear with me here, people. our "money" power panel will break it down. >>> are plastic bags on the way to extinction. they're completely banned in two cities. chicago wants to ni
to washington d.c. because? >> the world war ii memorial was not built until 2004. of the last of the memorial's. 65 years later by that time the veterans are in their 80s or 90s and id not have the means financially are physically to mae it. john: very few have seen it. >> amazingly many veterans have not flown since world war ii. honor flight comletely raise as the money and wanted to thousand veterans have had a chance to see their memorial. >> it is to say o a veteran thank you even after 70 years we know what you did and to give someone that gift is amazing. john: you hear about this and you make a movie posted a reason dot com? >> my business partner posted the video on veterans day 2009. it bought 35,000 views but more e-mails than ever before to people say i am crying. this reminds me of my father or grandfather and what it means to be an american. we had to make a bigger move e. the next thing we knew we quit our jobs, restarted a company to make the film and once you go on the flight you understand. we released the trailer we asked to get 50,000 by memorial day we got four 1/2 milli
energy. weypúre sure to keep itç all for ourselves.ç do you think the president andç washington in general cansget over that hurdle.ç >> it is a great pointç, what you're describeç something protectionism.zvçmyv it could be a cake and eat it too scenario. within eight years or now seven years as we turn into the new 2013 year it could be $50 billion economic impact to this country. so we're tripping over dollars to try to save pennies. weemight be able to impact the ecomy here. melissa: i know but, you know, there is so much of the country, there are so many environmentalists so many people on the left who hate generating energy. they barely wt us t generate enough energy to el our own economy and much less more and to actually go make money. i'm worried about getting over that hurdle. >> there are two theories. one theory is we'll never be able to export unlimited amounts of natural gas. if we do export it will be capped or it will be taxed so heavily the premium once pe liquify it, rigas it, go into europe or asia there may not be enough premium to make us competitive
to keep digging. pick your poison. -ither way this great country is dead. call it the washington inquisitions. we are getting ripped apart. tomorrow the governor that disagrees and pat buchanan david: money with melissa francis is next. >> i'm melissa francis and here's what's "money" tonight. republicans laid their cards on the table unveiling their fiscal cliff counteroffer to president obama. does it actually have a chance though? will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks t for e right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headl
? >> such a bummer. ch a huge holiday tradition for so many people who go down to washington and take a look at the white house and might visit their member of congress. they give see this. by the way, those of us in new york and elsewhere have had the televise yule log. by the way, yes, i am looking forward to that. but actually extinguish the real national you log is really a bummer. they say it may come back. melissa: a lot of complaints that they used trees are dangerous. >> they always did it. melissa: in the complaint you could make, but now it is mysteriously gone. >> there will have to be subject to the carbon tax. melissa: moving on to new year's. the gigantic number 13 that will be part of the live up
, it is coming legal to the states, baby, you have colorado, washington state. melissa: you just need a credit card. >> right. >> how stoned were they to come up with this idea, they were sitting around, say i know let's fire it in a canon across the border it sounds like a great idea. melissa: that is entrepreneurialism. >> where there is a will there is a way. melissa: today's date is 12/12/12, the last time we'll see a triple date for 89 years, num errol gists say this is a great day to start a new business, and get married, the wedding chapels in vegas have been overrun with people, good luck to you, and what about those lucky people born to 12/12, like yours truly. >> happy birthday. >> it is liz claman's birthday as well. >> you are the single post famous people born on 12/12 i would imagine. melissa: frank sinatra is davis, and bob barker, he is super famous. >> is he still alive. melissa: a
giving more money to the least competent people in america, the politicians in washington. you're talking about giving them the extra money so they could have bigger government. the fact that they're taking that money frommus in a less bad way i suppose that is good news but we're still taking one step after another in the wrong direction. at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have to figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melissa: neither of these proposals, neither side gets us closer to closing the enormous gap you're talking about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000. this is
, or the republicans caving on the tax side. are you seeing that infighting in washington right now? >> well, infighting is probably a harsh word. if that is a definition we infight all the time around here. hopefully it is a healthy dialogue where everyone gets a chance to express themselves. .9 of representation in america for people to give their point of view. they feel they have been heard, even if they don't get their entire way. most people, are willing to comprise a little bit. that is what we have to have here, unfortunate tax increases to balance lance our budget and unfortunately entitlement reforms particularly on health care side so we don't have the debt as far as eye can see. hopefully the speaker and president will get there. the solution is pretty straightforward. sandra: it isn't straightforward because we have so much disagreement. maybe it is harsh to call it as infighting maybe tension. more than 100 conservative leaders including former presidential candidate rick santorum, saying gop congressman will be targeted if they make concession on tax hikes. that sound like ten
projections. when was last time in washington 10-year spending projections actually came in at or low what the projections wewere met to be it never happens. sames true o the revenue side wit taxes. i think the numbers we're lang out here are probly the quote, uuote best-case scenario terms of what could actually hapn. just in terms of the pure math. not in terms whether or not it is good poli, just in terms of pure math. one reason going over t cliff looks more attractive in terms of bottom line numbers because there is that huge tax number now, there are all sorts of reasons beyond that --. melissa: w i that, to ise that much revenu a gi it to the government? i don't understand why that is apaling? >> it is not aealing to me. melissa: okay. >> it would ap peelin from a math perspective because the number is bigger. but th proem is the number won't that big no matter what happens. you can talk about dynamic scorin look atifferent ways revenue won't be revenue it is projected t be. you're talking about something that would do tremendous dage to the domestic economy. evybody agrees with
Search Results 0 to 35 of about 36 (some duplicates have been removed)

Terms of Use (10 Mar 2001)